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Search Results 0 to 15 of about 16 (some duplicates have been removed)
to provide a voice of the world. last week's european council agreed the overall limit on eu spending for the next seven years, starting in 2014. been agreed in the past, spending has gone up, but last week we agreed that spending should come down. by working with like-minded allies, we delivered a real- terms cut in what brussels can spend for the first time in history. as the house knows, the eu budget is negotiated annually, so what we were negotiating -- initially at the council last november and again last week -- was not the individual annual budgets, but rather the overall framework for the next seven years. this includes the overall ceilings on what can be spent -- effectively, the limit on the european union's credit card for the next seven years. during the last negotiation, which covered the period 2007 to 2013, the last government agreed to an 8% increase in the payments ceiling, to 943 billion. put simply, this gave the eu a credit card with a higher limit, and today we are still living with the results of allowing the eu's big spenders to push for more and more spending
a goal for the european union. after years of very little progress, the e appears to -- the eu appears to have an ally in what has. >> president obama announced the start of trade negotiations on a trade deal. brussels said talks could begin before summer. if successful, those negotiations would result in the biggest financial trade deal ever. >> the eu and u.s. already trade some 2 billion euros worth of goods and services every day. about 1/3 of total global commerce. president obama wants to bring that commerce into what would be the world's biggest free trade zone. the european commission says that would have world wide applications. >> which translates into tens of billions of euros every year and tens of thousands of new jobs. this offers us a great perspective at a time when we are gradually making our way to recovery. most important of all, it is a boost to our economies that does not cost 1 cent of taxpayer money. >> both sides stand to benefit. economists to warn that negotiations will be tough. the eu and washington disagree on issues ranging from industrial trade barriers a
, here our president is addressing concerns in their lives. i agree the big topics like the eu trade pac that is very important. but i don't think people in the country are listening for that. they are listening for all the little programs that the rest of you ridicule, and he is telegraphing he gets what their problems are and he is on their side. that is very important politically. >> i will help redeem the president all right? he is on the wake of three weeks away from his earlier address at the inauguration okay? people saw that. and i think they feel he is going to be repeating that. and that is probably a big reason why they didn't tune in. therefore, he gets a pass. what do you think? >> also i think that's right. i think eleanor's right if you are watching it on white house.gov my wife watched it on her ipad. that doesn't show up in the neilsen ratings. a lot of people were watching it online or watching it the next day. tv consumption is changing. >> the oratory about they deserve a vote and going through all the gun victims, those are real people and they were sitting there. >>
year. >>> and the eu moves to clamp down on big paychecks in the banking sector, looking to cap bonuses on a banker's salary as early as next year. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> okay. we're back. you're mobiled up and we have some data. >> yes. it's such a mobile world, isn't it, in many ways. let's first talk about what's happening with the german unemployment figures. we were waiting on these. it turns out 6.9%, that is the unemployment level for germany in january. the unadjusted figure is 7.4%. it's higher than expected. you can see the forecast was for 6.8%. the prior month was revised higher. the rate itself was unchanged. that's a right i think here in london or certainly in the u.s. they wouldn't mind seeing at this point. >> we've created a million private sector jobs. >> in britain? >> yeah. >> well, congratulations. >> there you go. that is the great conundrum, right? >> it's true. the different between -- well, and even with germany. the liesh market social security holding up, despite the sharp contr
registrations across the eu slumped to an all-time low in january. >>> government delays its decision on the next bank of japan governor. is this the beginning of a more moderate japanese agenda? >>> and we're live in milan as the italian electoral race enters the final stref. we'll hear just why the mayor will decide to vote. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> all right. welcome to today's, a bit of a transport theme going on this morning. >> or lack thereof. >> well, there's bmw, has their recalled. you have to take your one and three series back. >> the thing about the bmw is people have to take them to the special bmw shop, anyway. when you have a recall like this, it's a pretty straightforward process for owners. >> then making a replica of the "titanic." some people are worried they're making it in a chinese shipyard. >> they're pitching this with "titanic" with a twist. some say the twist should be maybe this time it won't sink. >> they are going to do the original sailing route. what happens when they get th
historic when we accomplish it. that is to start the work on a u.s. e.u. trans-atlantic trade that investment or airship to grow prosperity on both sides of the atlantic. it is no secret that we both faced economic challenges. we all do in this new marketplace, and a global challenge the marketplace. the fact is that europe freestanding aloud is the largest economy in the world and when you join that together with the united states of america, we have a powerful ability to be able to affect the rules of the road and to be able to raise standards and most importantly create jobs for all of our people. europe is already america's largest trading partner. a disagreement will create more jobs for additional investment and nasty note earlier this month, president obama made it clear this is a top priority for the united states. we also discussed the responsibility that we share to support fragile democracies across the world, across the monograph from libya to tunisia and beyond. i say to our friends here in the united kingdom, it is in our mutual interest to see that these fledgli
. we have the eu rising starts, the outstanding british film. but in the major categories, clearly people do look to the bafta the way same they would look to the gloelden gloep globes to see how things were going. "argo" is seen by everybody as a pack leader. there is a strange absence there on best director. whoever wins best director will be remembered as having won in the year that the most significant contender wasn't nominated. >> why isn't he nominated? >> who knows. who knows. i think we got it right, but who knows why he wasn't. one reason is because what they've done with the oscars now is increased the best film from five up to ten. now you have i think it's nine nominations this year. of course you're going to get a mismatch because there aren't the same number of films that there were directed. >> mark, good to see you. thanks so much, indeed. >> thanks for coming by. >> always a very good turn out, as well. >> i still think silver linings with a different name would have done so well. >>> anyway, the clearing up is occurring after nemo. what impact will this have on r
that perhaps is even more fundamentally dangerous for britain and much of the rest of europe than taming the e.u.'s superstate tendencies. this is the problem of attitudes and how the institutional expression in the economy. because as i illustrate in "becoming europe" the prevailing conviction across most of europe is that the state is the primary way in which we address common problems and meet our responsibilities and obligations to our fellow citizens. that such obligations might be realized outside the realm of politics doesn't apparently occurred to large numbers of european political leaders including i have to say a considerable number of the center-right european politicians. so in this regard i have often wondered what -- would think if he read a particularly important book that was written 180 years ago by one of his compatriots. because although it's about the new world, democracy in america was sent written for an american audience. alexis de tocqueville's intended audience was europe. so i think you would be astonished to learn how the americans observed by de tocqueville dealt with p
, but not much more than that. the eu is providing non-legal aid, i am wondering if the u.s. is considering this? and if you are ceding influence for the ron. afghanistan has asked u.s. troops to leave the province and i think within two weeks, can we get your comment on that? >> with respect to afghanistan, i understand the concerns they have expressed. appropriately, when a complaint they may have thought to be appropriately evaluated. they will be, i assure you. i have taken appropriate note and i have had a great deal of involvement in afghanistan with president karzai. there are evaluations of how things might have gone wrong or might have changed. we are working on a bilateral security arrangement and this transition process. we have had a very good conversation with the president. president obama talked to him before making announcements. we have listened very carefully to his observations about wanting to speed up the transition with respect to management of security. i can assure you that we are finely attuned to the needs of the afghan people, and the most effective ways to make this t
. >> steve: there is a scandal that is rocking europe. folks in the e.u., european union, thought they were eating beef burgers and beef lasagna, only to learn it was horse meat. so should americans be worried that that can happen here? let's talk to fox news legal analyst and a lover of beef, peter johnson, jr. >> i am. short answer is no, i don't believe that there should be any fear in america with regard to horse meat entering our system as beef. but in europe, it's a significant issue and just this morning, it's been determine that a drug called bute, used to treat inflammation and even arthritis in horses was found in meat that was considered to be beef. two issues, drug contamination from horse meat, second issue, big cultural taboo. here in the united states and great britain, we do not, we are not, we don't want to eat horse, especially if it's called beef. so when we order a hamburger, we anticipate that the hamburger is beef. 100% beef. burger king over in great britain said listen, there is no problem here in the united states. and we've stopped our distributor over there where
job opportunities for -- and the eu commission is already discussing this i think this is something that has to be added, and that, i hope, will also increase the understanding of the population of these countries. >> what do you think about what the bank of japan is doing right now with its policies, really pressuring the yen, that adds pressure, in turn, to the euro, which has pushed higher, versus the yen on these things, the u.s. watches that very closely. what do you think of their policy? >> yes, of course, we do watch it. but i think it's much overblown to speak of the currency war, something like that. what we observe is that the japanese central bank, the japanese government, wants to avoid the deflationary development, which i think makes a lot of sense. so i'm not too much concerned about that. >> so it's not a beggar thy neighbor policy at this point with the central banks around the globe? >> no. if it really leads to higher growth, that is the intention to have, then it's not beggar thy neighbor, then it's something that is helpful for all of us. and with regard to the
negotiations with europe on a u.s.-eu trade ownership. we could not agree more. let's hurry up and put american business to work. let's get these deals done. by the way, it is not just about asia. it includes all the coasts of the united states and canada and america. it is fascinating. need to get this going and move that european deal. the working group is about to put out a report. i think it will probably sustain the best teams we can think about. let me give you this in a minute. europe is in a slow economy. europe is our largest export partner. europe is china's largest export your. china is our fastest growing export partner. if europe goes into the can, the whole triangle goes inhe can. that is bad idea. this would be huge on both sides of the pond. there are a lot of big trade agreements that have been talked about or a long time. these would put cash on the table right now. it is important that we welcome global investment. we want people to bring their cash here. come here and invest or come here and visit. the terrorism is a great way -- tourism is a great way. we like that. st peop
Search Results 0 to 15 of about 16 (some duplicates have been removed)